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Cash Offers Invited Central London Cafe/ Takeaway Shop For Sale

Central London, London
Asking Price:
£30,000
Sales Revenue:
£130,000
Cash Flow:
£40,000

OFFERS ARE NOW INVITED FOR A QUICK SALE FROM CASH BUYER

Central London, London
Asking Price:Offers invited
Furniture / Fixtures included
Turnover:
£130,000

Net Profit:
£40,000

Here is an excellent opportunity to acquire a well established lock up central London takeaway shop situated in a prime location. The shop is currently run by the owner, with two staff. There are 6 covers inside, and one outside table. The lease expires in 2024,with a guaranteed tenancy until July 2021 .Thereafter, the landlord can give six months notice.
The rent is £22,500 p.a. and the rates £9,000 p.a. There is also an optional parking space available at £275 p.m. Planning permission has been granted in the past for outside tables.
There is a deposit required . The amount paid by the current owners was £11,000. Turnover is approximately £2,500 p.w. including VAT, which is not payable on all food. The shop is only open a limited number of hours.
The premises are currently open Mon-Friday 7-3pm. 

Offers will be considered for an exceptionally quick sale due to personal reasons.

Property: Leasehold

Property information

Property:

Leasehold

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